As a developer sets his sights on redeveloping some of Cleveland's Cuyahoga Riverfront, the state of Ohio is considering the use of eminent domain to secure the land and ensure the economic development it promises.
In the wake of the Kelo vs. New London ruling, the state of Ohio is now considering taking advantage of the powers of eminent domain to stir economic activity in Cleveland. The plan for redevelopment involves seizing unblighted land and turning it into a major housing and retail project.
"Developer Scott Wolstein's $230 million plan, which includes 330 housing units and 250,000 square feet of retail space, appears to have more momentum. It's the kind of project that supporters say wouldn't happen in rust belt cities such as Cleveland without the use of eminent domain."
"Supporters say the tool can generate more taxes and jobs through redevelopment. All eyes are now on Ohio, the first state to hear a similar case since Kelo."
"Lawyers made their arguments in Norwood v. Horney on an appeal in the Ohio Supreme Court in January. The Cincinnati suburb filed against unblighted homes and businesses to make way for housing, offices and retail."
FULL STORY: Property rights in spotlight
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